11530 Turtle Bay Court Lake Country, British Columbia V4V 1X9

$2,499,000

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:49203)

Property Details

MLS® Number 10365437
Property Type Vacant Land
Neigbourhood Lake Country East / Oyama
Road Type Paved Road

Building

Type Other
Utility Water Well

Land

Acreage No
Current Use Development Commercial
Sewer Municipal Sewage System
Size Irregular 0.61
Size Total 0.61 Ac|under 1 Acre
Size Total Text 0.61 Ac|under 1 Acre

Utilities

Cable Available

https://www.realtor.ca/real-estate/28972921/11530-turtle-bay-court-lake-country-lake-country-east-oyama

Contact Us

Contact us for more information

Generating Captcha

Stephanie Denk

(250) 469-4310
www.moveokanagan.com/
www.instagram.com/moveokanagan

Exp Realty (Kelowna)
1631 Dickson Ave, Suite 1100
Kelowna, British Columbia V1Y 0B5

(833) 817-6506
www.exprealty.ca/

Annette Denk
Personal Real Estate Corporation

(250) 808-7566
www.moveokanagan.com/
www.facebook.com/moveokanagan

Exp Realty (Kelowna)
1631 Dickson Ave, Suite 1100
Kelowna, British Columbia V1Y 0B5

(833) 817-6506
www.exprealty.ca/

Dekker Team
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